WHISTLE BLOWER POLICY
1. Purpose
Paracoat Products Limited is committed to upholding the highest standards of integrity, ethics and accountability in all its business dealings. The purpose of this whistleblower policy is to provide a mechanism for employees, contractors, vendors, and other stakeholders to report concerns or suspicions regarding unethical behavior, fraud, illegal activities, or violations of company policies without fear of retaliation.
2. Scope
This policy applies to all employees, contractors, vendors, and other stakeholders and also this policy is equally applicable to Third parties to report a concern related to a potential violation of the Company code of conduct of Paracoat Products Limited.
3. Reporting Mechanism
A. Reporting Channels: Concerns or suspicions may be reported through the following channels:
B. Confidentiality: Reports will be handled with the utmost confidentiality to the extent permitted by law. Information disclosed during the reporting process will only be shared with individuals on a need-to-know basis for the purpose of investigation and resolution.
Click this link: https://forms.office.com/r/QVQVSXJjtz or Scan below QR Code to go to whistle blower form online and you select your language (English/Tamil/Hindi) to fill the form.
4. Protection Against Retaliation
Paracoat Products Limited prohibits retaliation against individuals who report concerns or suspicions in good faith. Retaliation against whistleblowers will not be tolerated and may result in disciplinary action, up to and including termination of employment or legal action.
5. Investigation and Resolution
a. Upon receipt of a report, Paracoat Products Limited will promptly investigate the concerns or suspicions raised. Investigations will be conducted impartially, thoroughly, and with appropriate confidentiality.
b. Where necessary, external resources may be engaged to conduct independent investigations.
c. Following the investigation, appropriate actions will be taken to address any substantiated concerns or suspicions, including disciplinary action, corrective measures, and implementation of preventative controls.
